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in terms of the reality of getting anything passed, joy, nancy pelosi has 200 votes in the house. >> indeed. >> you need 218 to get anything passed. this back and forth and sort of, you know, thing that republicans are having with themselves ultimately may forb not. >> ultimately may be for not. what has changed on this planet and whatever planet the republicans are on. >> possibly jupiter. >> the tea party caucus has lost a lot of credibility. its taking its share of the blame for what happened in terms of republicans not being able to win the senate because of the crazy candidates that came from them. eric cantor having been the chief ally of the tea party wing of the house has had to fade in the background because trying to be brutus to john boehner's caesar didn't seem like a good strategy. all john boehner has to do is willing to make a deal with nancy pelosi to go to her and say deliver your people, which she can do, and he has to find 18 of his own people who have to get re-elected in two years, districts in wing district enough where compromising is in their benefit. he can f
in terms of the reality of getting anything passed, joy, nancy pelosi has 200 votes in the house. >> indeed. >> you need 218 to get anything passed. this back and forth and sort of, you know, thing that republicans are having with themselves ultimately may forb not. >> ultimately may be for not. what has changed on this planet and whatever planet the republicans are on. >> possibly jupiter. >> the tea party caucus has lost a lot of credibility. its taking its share...
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it's been decided and nancy pelosi is only bothering the president. where he gets the idea that we can raise revenue without raising the rates and have that acceptable, i have no clue. but nancy pelosi and the president are reading from the same page. >> so how confident are you a deal is going to get done and, if so, when? >> well, a deal has to be done. what kind of a deal is going to be done? first of all, this guy is not going to fall by the end of the year. it's how much do we really accomplish instead of putting everything into next year. we can't do reform between now and the end of the year. that's where most of the problems are going to exist. if we're going to improve our involvement here, we can't do it this year. acting in an emergency situation if we cooperate and everybody gives a little bit to get us past this, we can and will do a job. >> let me ask you this because what i think a lot of voters hear is not so much we're going to do something to keep us off the fiscal cliff now so we can get the important details done later, they hear t
it's been decided and nancy pelosi is only bothering the president. where he gets the idea that we can raise revenue without raising the rates and have that acceptable, i have no clue. but nancy pelosi and the president are reading from the same page. >> so how confident are you a deal is going to get done and, if so, when? >> well, a deal has to be done. what kind of a deal is going to be done? first of all, this guy is not going to fall by the end of the year. it's how much do we...
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they are making sounds of compromise, but nancy pelosi -- >> speaker boehner and mitch mcconnell, and senator reid and i would all agree, we have to have something that will pass both houses that the president will sign. >> since mitch mcconnell's soul goal was to deny president obama a second term, and he failed i think he needs to resign now. >> that makes him a failure. >> stephanie: uh-huh. senator durbin. >> $250,000 for income is a reasonable number. those 2% or 1% of the highest wage earners in america who are doing well, should pay a little bit more. >> i won't pay it! that is taxing the job creators. >> stephanie: senator mitch mcconnell. >> i believe we're in the dpe limb ma we're in not because we taxed too little, but spent too much. >> oh, come on. >> stephanie: yeah, you failed at your number one -- you only had one plan and you failed at that. >> if we're spending too much let's cut the military. >> stephanie: bobby jindal. >> we're the party that wants growth. pro-growth policies. >> they do nothing but protect the rich. what is he talking about? >> he is lying. >> ste
they are making sounds of compromise, but nancy pelosi -- >> speaker boehner and mitch mcconnell, and senator reid and i would all agree, we have to have something that will pass both houses that the president will sign. >> since mitch mcconnell's soul goal was to deny president obama a second term, and he failed i think he needs to resign now. >> that makes him a failure. >> stephanie: uh-huh. senator durbin. >> $250,000 for income is a reasonable number. those 2%...
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if that was the thing with nancy pelosi, i bet they're going to play this war on women thing. president obama saying you're going to have to come after me if you're trying to hold her out as some stalking horse on this. i think it will be hard for them to get her through. but i do think republicans better be prepared for what they're going to do with which this is unfair to the damsel in distress, she's just the sacrificial lamb. >> brian: the president caused himself more grief with his explanation. why didn't you have her represent your administration on benghazi? >> the funny thing is, the white house sent her out, okay? well, why did you send her out? i say to all the feminists out there, why aren't you standing up and saying why did you use her? if that's what happened, you used her knowing that she would have perhaps plausible denyability. no feminist is talking about that. >> steve: we've been talking for a couple of days about this situation in santa monica, for 60 years, they've had these nativity scenes on the site of the pacific. now because last year so many atheis
if that was the thing with nancy pelosi, i bet they're going to play this war on women thing. president obama saying you're going to have to come after me if you're trying to hold her out as some stalking horse on this. i think it will be hard for them to get her through. but i do think republicans better be prepared for what they're going to do with which this is unfair to the damsel in distress, she's just the sacrificial lamb. >> brian: the president caused himself more grief with his...
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nancy pelosi and senator dick durbin are expressing confidence about those attacks, even though there are challenges ahead within their own party. politico reporting congressional democrats are facing internal riffs between progressive and moderates over key issues like dealing with entitlement cuts and the threshold for raising income taxes on the wealthy. still according to a new gallup pole, 65% of americans say the president's going to be seeking bipartisan solutions while 48% are saying the same about the republicans in congress. >>> investors are responding to reports of washington's newfound confidence on reaching a budget deal. the dow climbed 160 points in yesterday's session. for more on this, let's go to cnbc's steve sedgwick live in london. >> reporter: this market has been pummeled since the electric on concerns about the fiscal cliff, amongst other things. the earning season hasn't been great either. we've fallen 7% since the electric. the last two days we've seen a little reversal of that. the s&p, wide measure, of course, of u.s. stocks has rallied over 2% in the last
nancy pelosi and senator dick durbin are expressing confidence about those attacks, even though there are challenges ahead within their own party. politico reporting congressional democrats are facing internal riffs between progressive and moderates over key issues like dealing with entitlement cuts and the threshold for raising income taxes on the wealthy. still according to a new gallup pole, 65% of americans say the president's going to be seeking bipartisan solutions while 48% are saying...
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pelosi. she hasn't gotten the credit in the ones that passes legislation. this is pelosi who was on absentee this week talking about revenue raisers and the deal. >> would you accept a deal that does not include tax rate increases for the wealthy? we have talked about a possible compromise to cap deductions for high income earners. is that something that's acceptable? >> no. it's far too little money. and it could be they have said they wanted to be revenue neutral. if it's going to bring in revenue, the president has been very clear that the higher income people have to pay their fair share. >> karen, nancy pelosi wants some revenue raisers. she wants the upper income earners to pay a little more. she has 200 democratic votes in the house and a deal only needs 218 votes to pass. that seems like a lot of leverage. >> she has quite a bit of leverage. it's kind of an untold story of the last congress. a lot of the ways that things got passed was not because boehner was able to get the votes, bu
pelosi. she hasn't gotten the credit in the ones that passes legislation. this is pelosi who was on absentee this week talking about revenue raisers and the deal. >> would you accept a deal that does not include tax rate increases for the wealthy? we have talked about a possible compromise to cap deductions for high income earners. is that something that's acceptable? >> no. it's far too little money. and it could be they have said they wanted to be revenue neutral. if it's going to...
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just hang your hat on what nancy pelosi said. no. we're going to move the rates higher on the wealthiest americans and there's not going to be a deal on deductions that's going to get us to some number that's going to exist. let me give you the straight talk. somebody has to pay the bar tab. the democrats are willing to write the check, but the republicans, they want to get out scott free. isn't going to happen. democrats need to hold the line here and keep telling yourself, liberals, we won this election. and this was an exhausted topic throughout the entire conversation between president obama and mitt romney. we have the facts and the people on our side. get your cell phones out. tonight know what you think. tonight's question, who is paul ryan going to fight for? text a for the rich, text b for the middle class. you can always go to our blog. we'll bring you results later on in the show. let's bring in bill pascrell of new jersey tonight. also robert riech. gentlemen, great to have you with us tonight. congressman, let's start wi
just hang your hat on what nancy pelosi said. no. we're going to move the rates higher on the wealthiest americans and there's not going to be a deal on deductions that's going to get us to some number that's going to exist. let me give you the straight talk. somebody has to pay the bar tab. the democrats are willing to write the check, but the republicans, they want to get out scott free. isn't going to happen. democrats need to hold the line here and keep telling yourself, liberals, we won...
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. >> nancy pelosi insists that raising tax rate for the rich is going to happen. let me show you this. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all. no way. >> well, no. i mean, the president made it very clear in his campaign that there is not enough -- there are not enough -- what you just describe is a formula and a blueprint for hampering our future. >> heather, do you think the republicans will back down on this kind of insistence by the president backed up by pelosi and the democrats? >> i think there's real reason for hope. i think that the president soundly won the election, that the democratic senate got more progressive with people like elizabeth warren with sharon brown beating back hundreds of millions of dollars in special-interest corporate money from likes like the chamber. so i think there is hope for there to have been a strong signal started frankly last year with occupy, where we had this frame of the 1% versus
. >> nancy pelosi insists that raising tax rate for the rich is going to happen. let me show you this. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all. no way. >> well, no. i mean, the president made it very clear in his campaign that there is not enough -- there are not enough -- what you just describe is a formula and a blueprint...
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an idea that minority leader nancy pelosi smacked down without the slightest hesitation. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earners. is that something that's acceptable? >> no. >> not at all. no way. >> no, the president made it very clear in his campaign there is not enough -- there are not enough -- what you just described is a formula and a blueprint for hampering our future. >> yes, it does seem that the gop's new ideas look a lot like their old ideas, which were just litigated in the election and lost. of course, mitt romney's chalked that up to gifts from the praez's president's camp. how is that going over? >> i just think it's nuts. i mean, first of all, it's insulti insulting. this would be like walmart having a bad week and going the customers have really been unruly. >> we'll grant mr. gingrich his share of schadenfreude but surely mr. romney is getting more support in other republican quarters for taking on the takers. >> we're in a big hole. we're not getting out of it by comments like that. whe
an idea that minority leader nancy pelosi smacked down without the slightest hesitation. >> we've seen talk about a possible compromise that would leave rates the same but cap deductions for high income earners. is that something that's acceptable? >> no. >> not at all. no way. >> no, the president made it very clear in his campaign there is not enough -- there are not enough -- what you just described is a formula and a blueprint for hampering our future. >> yes,...
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a short time ago, a couple hours ago house majority whip kevin mccarthy said that nancy pelosi and the president are not on the same page. he referred to even the dollar amount of what is considered wealthy referring to the may proposal from pelosi at a million dollars or more as opposed to 250,000 we're talking about right now. is there divide? >> i think that right now we see a lot of positioning for the negotiations, but i've been one who has been in line with speaker pelosi or leader pelosi on that for a long time. that there's nothing sacrosakt about the $250,000 number. the white house is very, very strict about that. i think there are a lot of ways that we could negotiate somewhere between that number and incomes over a million dollars a year. i offered an amendment in the budget committee just to raise the tax rates back to clinton era rate on incomes over a million dollars. every republican voted against them. we'd love to talk about another number if the republicans were willing to talk about any number. >> that is an interesting point there. to further point out in this inte
a short time ago, a couple hours ago house majority whip kevin mccarthy said that nancy pelosi and the president are not on the same page. he referred to even the dollar amount of what is considered wealthy referring to the may proposal from pelosi at a million dollars or more as opposed to 250,000 we're talking about right now. is there divide? >> i think that right now we see a lot of positioning for the negotiations, but i've been one who has been in line with speaker pelosi or leader...
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joining me brendan, former communications director for nancy pelosi, and mark mckinnon, distributor to the daily beast. what about the need for prayer, brendan? you've been through budget negotiations and saw the democratic leader nancy pelosi said over the weekend that there is no give on the, you know, fundamental demand about some adjustment on tax rates. >> right. >> top rates, that you can't get enough by capping deductions to make up what you need to get some balance going forward. what about prayer? is that going to be helpful? >> prayer is always helpful and so is trying to work together in a constructive way. i think the meeting the leaders had at the white house with president obama last week, both sides came out and said we have to get something done. i am optimistic. there's a lot of tough issues that have to be worked out but i think they can do it. >> mark, all joking aside, are you as optimistic? i read between the lines and you see speaker boehner clearly wants a deal and, perhaps, has more leverage now with the house republican caucus, but once you get down to the actu
joining me brendan, former communications director for nancy pelosi, and mark mckinnon, distributor to the daily beast. what about the need for prayer, brendan? you've been through budget negotiations and saw the democratic leader nancy pelosi said over the weekend that there is no give on the, you know, fundamental demand about some adjustment on tax rates. >> right. >> top rates, that you can't get enough by capping deductions to make up what you need to get some balance going...
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. >> nancy pelosi hopefully by christmas and -- boehner said this. so they were all over the lot. but i think they wanted to reassure the kids. >> art, thanks so much for the guidance. we will see you tomorrow. that does it for us on "squawk on the street." let's get back to headquarters. >> carl, thanks very much. welcome to the halftime show. power hours go until the close on this monday. pretty good day it is. highs of the day right now. a gain of 163 points. s&p and nasdaq having a big day today on the back of apple. we will talk about that and much more in just a moment. here is what we are followinging on halftime today. flash point as the conflict escaltes into tes can a dashes can a lates in the middle east. top analyst says stay away from apple. a top trader says buy it. they will go head-to-head over america's most loved stocks. today's big rebound. it comes on renewed hopes in washington. will congress rise above and what does a fiscal cliff fix mean for your money? our traders today, joe terranova, john najarian, josh brown. are you buying stocks today or feeling betbe
. >> nancy pelosi hopefully by christmas and -- boehner said this. so they were all over the lot. but i think they wanted to reassure the kids. >> art, thanks so much for the guidance. we will see you tomorrow. that does it for us on "squawk on the street." let's get back to headquarters. >> carl, thanks very much. welcome to the halftime show. power hours go until the close on this monday. pretty good day it is. highs of the day right now. a gain of 163 points....
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. >> it's a fantastic achievement senate and nancy pelosi was totally right to congratulate that. but what was interesting she pointed out we had to go further. >> in "park lane" you go back to world war i. toll us about that. >> that was a seminal moment of change for women's rights. there was the suffrage -- the women's suffrage campaign was really reaching the height. they were burning down buildings, chaining themselves to railings. one went and slashed a painting, but when the war came this was the real moment in which came into their open own because the men went off to fight and the women stepped into men's jobs. this was tremendously empowering for them. they were driving ambulances at the front, some were even going into the trenches and administering care. >> you said there was somewhat of a sexual revolution. >> there was. i feel a sexual revolution is very emancipating for women. but what happens, the soldiers were fighting in france, they were so close they could get to england for a week or two and the duty to remain a virgin until you got married became outweighed t
. >> it's a fantastic achievement senate and nancy pelosi was totally right to congratulate that. but what was interesting she pointed out we had to go further. >> in "park lane" you go back to world war i. toll us about that. >> that was a seminal moment of change for women's rights. there was the suffrage -- the women's suffrage campaign was really reaching the height. they were burning down buildings, chaining themselves to railings. one went and slashed a...
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. >>> house democratic leader, nancy pelosi said sunday any deal to avoid a year-end fiscal cliff must include tax rate increases on the wealthy. she says she is hopeful an agreement can be reached but capping deductions is not enough. republicans have suggested they're open to finding more revenue but alsoin insisting on spending cuts. >>> president barack obama arrived in cambodia where he'll meet regional leaders gathered for the east asia summit. today he was in myanmar, also known as burma, and paid tribute to an sun su chi who fought against repressive military rule. >>> a rash of dolphin killings along the gulf coast has an mal advocates asking for more help from law enforcement and the public. there have been at least four recent case in louisiana, mississippi and alabama. a marine mammal researcher says the dolphins have been shot, stabbed and one had its tail torn off. he thinks it's the work of a person who is, quote, not in the right mind. >>> now for a look at what's trending today. our quick roundup of what has you talk online. the "new york times" dining blog has explodi
. >>> house democratic leader, nancy pelosi said sunday any deal to avoid a year-end fiscal cliff must include tax rate increases on the wealthy. she says she is hopeful an agreement can be reached but capping deductions is not enough. republicans have suggested they're open to finding more revenue but alsoin insisting on spending cuts. >>> president barack obama arrived in cambodia where he'll meet regional leaders gathered for the east asia summit. today he was in myanmar,...
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nancy pelosi drawing a fine the sand on tax hikes. kevin mccarthy with his take on that. bill: were there warning signs that claimed the lives of american heroes? >> something had to happen to them here. >> my brother is in the marines. it's devastating what happened. or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. we find the best, sweetest crafor red lobster that we can find. [ male annncer ] it's time for crabfest at red lobster! this year, try 1 of 5 entrees. like our new snow crab and garlic shrimp. a half-pound of tender crab paired with savory shrimp. just 12.99. or dig into our hearty crab and roasted garlic seafood bake. all with salad and unlimited cheddar bay biscuits. so much to choose from, so little time. so ce into red lobster for crabfest today and sea food differently. bill: we see these waterspouts off the coast of miami, florida. check this out. this may look like a special effect for a hollywood movie. it's a video showing a giant funnel of water that looks
nancy pelosi drawing a fine the sand on tax hikes. kevin mccarthy with his take on that. bill: were there warning signs that claimed the lives of american heroes? >> something had to happen to them here. >> my brother is in the marines. it's devastating what happened. or even 20 years? call imperial structured settlements. the experts at imperial can convert your long-term payout into a lump sum of cash today. we find the best, sweetest crafor red lobster that we can find. [ male...
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>> even the language that nancy pelosi just put out there is bad. and i mean, i respect her position. i think it's great that she's sticking to her guns. but i can't stand the fact that these people aren't talking about compromise instead of saying i'm never going to change, i'm never going to move up a the time because that's not the point. the point is getting together and fixing this stuff. it's going to be a little tax, a little bit of a cut, let's do it. >> boy, mika, i don't want to walk into this, but you combine what nancy poelosi said yesterday, what the president said at the press conference yesterday, very defiant. >> speaker boehner. >> yes. >> and, you know, and john boehner right after the election. i mean, these people, do they get a professional mediator to figure out how to get this done? >> look, this is how negotiations happen. president is taking -- >> we have no solution. that's how negotiations happened before, steve, and then nothing happened. >> this has been going on for years. >> i don't want to be optimistic because i'm no
>> even the language that nancy pelosi just put out there is bad. and i mean, i respect her position. i think it's great that she's sticking to her guns. but i can't stand the fact that these people aren't talking about compromise instead of saying i'm never going to change, i'm never going to move up a the time because that's not the point. the point is getting together and fixing this stuff. it's going to be a little tax, a little bit of a cut, let's do it. >> boy, mika, i don't...
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nancy pelosi went on "this week" to talk about the tax-raising issue. here she is. >> you cannot go forward -- you have to cut some investments if you cut too many you are hampering growth education, and investment in the future so just to close loopholes is far too little money. if it's going to bring in revenue, the president has been very clear that the higher-income people have to pay their fair share. >> john: not only has he been clear about this. he was clear about it in 2008. barack obama ran in 2008 just like bill clinton ran in '92, saying -- all barack obama wanted to do was to let the bush tax cuts for the wealthy expire right? so number 1, the american people voted for this so barack obama has run on this twice, and he didn't get it done in the first term, but don't ever forget this is not obama's tax increase this is bush's tax increase my friends, this minor three-point hike was supposed to go into effect in 2010 the bush tax cuts were designed to run for ten years and then expire it's bush's tax increase, nobody else's and really where i
nancy pelosi went on "this week" to talk about the tax-raising issue. here she is. >> you cannot go forward -- you have to cut some investments if you cut too many you are hampering growth education, and investment in the future so just to close loopholes is far too little money. if it's going to bring in revenue, the president has been very clear that the higher-income people have to pay their fair share. >> john: not only has he been clear about this. he was clear about...
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now house speaker nancy pelosi says she won't budge when it comes to tax cuts for the wealthy. that puts her at odds with john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but tax deductions for high income earners. is that something that's acceptable? >> no. >> not at all. >> the president made it clear in his campaign that there are not enough resources. what you described is a formula and a blueprint for hampering a future. you cannot go forward -- you have to cut some investments. if you cut too many, you are hampering growth, you are hampering education and investments in the future. >> even thousands of miles away it appears president obama is still focused on negotiations. while touring a royal monastery with secretary of state clinton the president was overheard mentioning the budget talks to a monk. the president later clarified his comments at a news conference. >> i always believe in prayer. i believe in prayer when i go to church back home and
now house speaker nancy pelosi says she won't budge when it comes to tax cuts for the wealthy. that puts her at odds with john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that would leave rates the same but tax deductions for high income earners. is that something that's acceptable? >> no. >> not at all. >> the president made it clear in his campaign that there are not enough...
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did nancy pelosi just draw a red line? today she's saying she won't sign off on any deal that does not increase taxes on the rich. >>> and president obama is dealing with all of this while in the midst of his trip through asia, including israel and gaza on the brink of war. >> we're going to have to see what kind of progress we can make in the next 24-36-48 hours. if we're serious about wantsing to resolve this situation and a create a genuine peace process it starts with no more missiles being fired into israel's territory. >> first off, we're in a developing story in the middle east. let's go now to stephanie gosk, who is in tel aviv with the latest. what's the tone on ground today? >> well you hear the president say that as long as rockets were dropping, it was going to be impossible to get a cease-fire here. and the rockets definitely keep on coming. and there have been attacks back and forth. a couple of volleys of rockets that came toward tel aviv. intercepted by the israeli missile defense system, iron dome, which e
did nancy pelosi just draw a red line? today she's saying she won't sign off on any deal that does not increase taxes on the rich. >>> and president obama is dealing with all of this while in the midst of his trip through asia, including israel and gaza on the brink of war. >> we're going to have to see what kind of progress we can make in the next 24-36-48 hours. if we're serious about wantsing to resolve this situation and a create a genuine peace process it starts with no more...
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but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we are all grownups. we have a responsibility to the american people. the elements for an agreement are there. time is of the essence, the quicker we do tthe more confidence we instill, the better it is for the economy and the american people. >> reporter: republicans, too, have expressed optimism that the fiscal cliff can be avoided and are open to signing legislation that includes new sources of revenue. but the president wants to raise most of that new money with $1.6 trillion over a decade. republicans are not likely to go along with that. this is why. >> there certain
but nancy pelosi says it must include tax hikes for the wealthy. we have the latest. >> reporter: shannon, the house minority leader, nancy pelosi, sits at the negotiates ing table with the leaders, trying to steer the country away from the fiscal cliff. she says he will not accept a deal that does not include tax rate increases for the wealthiest americans. but she also said she thinks negotiators have enough of a sense of urgenc tow get a deal done by the middle of december. >> we...
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we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >> i think there is desire on both sides to get a deal done. that doesn't mean we will see one. both sides are taken the election to mean that the american people want action. the president has taken it to mean the american people endorsed his so-called balanced approach to balancing the budget. and we saw spirited koopg with the leaders coming out after the meetening a now they mr. get down to the details where to make cuts and revenue increases and can do you do it by just closing loopholes, is that enough or do you have to talk about tax rates in particular think tax rating for the w
we have new comments from nancy pelosi on the fiscal cliff today. let's listen to that. >> would you accept a deal that does not include tax rate increases for the wealthy. we have seen a possible compromise that would leave rates the same but cap deductions for top earners? >> no. the president made it clear there are not enough -- what you described is a formula and a blueprint for hampering our future. >> what do you think? does this mean a deal will not get done? >>...
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Nov 18, 2012
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but don't start with nancy pelosi making demands for raising tax rates. let's work through all the issues. i agree, what's at stake is dramatic, it's the economy of the american people. >> eric: quickly, do you think we will have a deal by the end of year? >> i am getting more dubious. but i hope so. >> eric: margie, how about you? >> viheard some republicans sound like they want to come to the table. not everyone. not matt, with all due respect. but i do think that we -- i feel more optimistic when i am watching the postr post poll. >> eric: we have $16 trillion in debt. it's just only getting bigger. thargs for joining us. >> thank you. >> eric: jamie? >> jamie: the fiscal cliff. how does it affect you, your kid, your family and college tuition rates? a lot. we are going to tell what you you need to know and how you can protect yourself. that's next in the take-charge consumer protection segment. >> eric: violence continues to escalate between israel and homas. 24 hours to go. what is the role of the united states of america? the president has been spea
but don't start with nancy pelosi making demands for raising tax rates. let's work through all the issues. i agree, what's at stake is dramatic, it's the economy of the american people. >> eric: quickly, do you think we will have a deal by the end of year? >> i am getting more dubious. but i hope so. >> eric: margie, how about you? >> viheard some republicans sound like they want to come to the table. not everyone. not matt, with all due respect. but i do think that we...
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Nov 18, 2012
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that's what nancy pelosi talked about. that's what speaker john boehner talked about, constructive, but there's also a lot of urgency. now, nancy pelosi, we have a lot more of this interview, a fascinating interview, told me she thought they could work out this deal in mid-december. i asked her, of course, look, we've heard optimism before and this went nowhere. but there is that urgency now. americans are sick of this. this is the second time around. >> and so overnight we saw -- we saw this video of david petraeus' alleged mistress, paula broadwell, his biographer walking with her husband. it's the first time we've seen the two of them since this scandal broke. so let me ask you about the petraeus affair, which i know you've been following so closely. where does this go now? what in your view is likely to be the next shoe to drop? >> well, i think what we've learned this week is this is not over. i think a week ago when we heard david petraeus say he was resigning because he had an extramarital affair, we thought it migh
that's what nancy pelosi talked about. that's what speaker john boehner talked about, constructive, but there's also a lot of urgency. now, nancy pelosi, we have a lot more of this interview, a fascinating interview, told me she thought they could work out this deal in mid-december. i asked her, of course, look, we've heard optimism before and this went nowhere. but there is that urgency now. americans are sick of this. this is the second time around. >> and so overnight we saw -- we saw...
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Nov 17, 2012
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everything is going to be affected by this and we've been saying it since the canaan -- nancy pelosi said she had to read the darn thing. >> i know your criticism is they didn't read it before they passed it, but one of the big criticisms here is that there was no cost control in the law, so here we are. >> well, it's going to be that way. health care costs are rising everywhere. it's a universal problem. the thing is the people are going to try to find ways to get around this in the sense that it's going to cost them more and if they can find ways, they'll do it. you got 2200 pages of regulation that you're right, nobody has read. the people who administratorring it haven't read it. they're beginning to read it. we don't know what the ultimate cost is going to be. they're going to be taxes that come out of this, all kinds of other things that happen. in the meantime, if you hire over -- this is what is considered a small business -- if there are 50 people or less, you are subject to one thing. if you're hiring more than 50 people, you are subject to something else. if those people w
everything is going to be affected by this and we've been saying it since the canaan -- nancy pelosi said she had to read the darn thing. >> i know your criticism is they didn't read it before they passed it, but one of the big criticisms here is that there was no cost control in the law, so here we are. >> well, it's going to be that way. health care costs are rising everywhere. it's a universal problem. the thing is the people are going to try to find ways to get around this in...
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Nov 17, 2012
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and you'll see more of the house democratic leader, nancy pelosi's first sunday interview since the election. >>> time, now, for the forecast. let's get it to ginger zee. a lot going on in the northwest. >> right. the pacific northwest. some of their rainiest times of the year. this isn't that out of the ordinary. but i want to show you the first storm already dropping some snow. let's look at video from lake tahoe. you can see the snow was falling. this is the beginning of about a two-day attack from the northwest. and ski season is starting and starting so much better than last year. the snow in the higher elevations going to be helpful there. by monday morning, we'll have that next storm. it's kind of a one-two punch going through the weekend. how much rain? two to four inches in this area. redding, you're included. sacramento's on the south end of it. just a half-inch or so there. some of the spots in the far west. it's not just rain. it's not just snow. but also 50-mile-per-hour-plus winds. how much snow can you include in this? lake tahoe up to two feet in some places. northern califor
and you'll see more of the house democratic leader, nancy pelosi's first sunday interview since the election. >>> time, now, for the forecast. let's get it to ginger zee. a lot going on in the northwest. >> right. the pacific northwest. some of their rainiest times of the year. this isn't that out of the ordinary. but i want to show you the first storm already dropping some snow. let's look at video from lake tahoe. you can see the snow was falling. this is the beginning of about...
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Nov 17, 2012
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which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't know. i don't want to see more cuts in discretionary spending, i don't want to see increases to the military. i don't want to see revenue -- revenues, so-called, that will impact the middle class, like eliminating state and local taxes. that's a very important one. some of the proposals that are on the table now, they came from romney. they came from democrats saying great idea. let's cap deductions at 35,000 or $40,000. that will, in a high tax rate like you are, that will really almost eliminate to a large extent, deductibility, state and local taxes. which, in turn, will put more pressure on state
which means in order for it to pass, nancy pelosi has to come over and knock on your door. what are your red lines on this? >> i suppose i'll have a number of red lines. number one, not a nickel in reductions and cost of living increases, social security, not a nickel in reductions to benefits to medicare and medicaid. those are probably the most primary red lines. then i would want to see -- >> that's interesting. >> i would want to see -- where you draw the red line, i don't...
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you can see how the market reacted just yesterday when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done, and the market had a positive reaction to that, yet it lost that upside throughout the day. teetered back and forth between positive and negative territory, finally close the day out positive, so perhaps that suggests that maybe we are a little bit closer, but here's the thing, randi. they have got to get something done. >> yeah. >> they have got to solve this issue because if not the consequences are severe. >> you know, you listen to some people and they suggest that fears of falling off the cliff are overblown. i mean, what are the real consequences here? >> the real consequences are another recession. i can tell you every ceo that i'm talking to right now says i'm not making major decisions. i'm waiting. i'm standing by the sidelines. i can't hire a lot of people. i can't invest in a lot of infrastructure because i don't know what the landscape is going to be in the next 45 days. i don't know what the lan
you can see how the market reacted just yesterday when you saw nancy pelosi out there. you saw john boehner out there saying we are hopeful we can get a deal done, and the market had a positive reaction to that, yet it lost that upside throughout the day. teetered back and forth between positive and negative territory, finally close the day out positive, so perhaps that suggests that maybe we are a little bit closer, but here's the thing, randi. they have got to get something done. >>...
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. >> and i got nancy pelosi on the road on that subject yesterday in a clip we have not played, from that interview but we're going to play in just a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i thought it was mraz. i'm sorry mr. mraz. chris hayes, host of "up with chris hayes." i'm going to call it upha. ometh? campbell's has 24 new soups that will make it drop over, and over again. ♪ from jammin' jerk chicken, to creamy gouda bisque. see what's new from campbell's. it's amazing what soup can do. out for drinks, eats. i have very well fitting dentures. i like to eat a lot of fruits. love them all. the seal i get with the super poligrip free keeps the seeds from getting up underneath. even well-fitting dentures let in food particles. super poligrip is zinc free. with just a few dabs, it's clinically proven to seal out mor
. >> and i got nancy pelosi on the road on that subject yesterday in a clip we have not played, from that interview but we're going to play in just a second. her reaction to that -- her diagnosis of that on the republican side and how she says it has been different in the past is fascinating and that's coming up. and it's apparently mraz. >> can i just say, every day, i get into my show and there's nine names that i forget to check the pronunciation. >> i thought it was mraz....
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house minority leader nancy pelosi says no tax hike, no deal. >> close lop holes far too little money. and it could be they have said they want it to be revenue neutral. if it's going to bring in revenue. the president has been very clear that the higher income people have to pay their fair share. >> republicans argue now ♪ time to raise taxes on anyone if lawmakers don't reach a deal, hundreds of billions of dollars in tax increases and spending cuts go into effect january 1st. >> in new york, it apparently pays to be dead. you heard me. audit of the state's medicaid program from march of 2006, to february 2011, found that $1.9 million was coughed up for hundreds of people that were no longer alive. one person received more than $25,000 a year for seven years after he had died. that's a good business. in all, the audit found about $26.8 million in improper payments made by the program. people all over the country expressing their anger for obama care with their love of pizza. the group rebooting america organizing pappa johns appreciation day. that sounds familiar. it was meant to
house minority leader nancy pelosi says no tax hike, no deal. >> close lop holes far too little money. and it could be they have said they want it to be revenue neutral. if it's going to bring in revenue. the president has been very clear that the higher income people have to pay their fair share. >> republicans argue now ♪ time to raise taxes on anyone if lawmakers don't reach a deal, hundreds of billions of dollars in tax increases and spending cuts go into effect january 1st....
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nancy pelosi is keeping her job. >> i made a decision to submit my name to, once again, serve as the house democratic leader. >> now, if she can only get those talking points straight. >> we did not have majority, but we had the gavel. excuse me, we don't have the gavel. >> somebody who seems to have the gop gavel, louisiana governor bobby jindal, the likely 2016 contender told republicans this week "stop being the stupid party." meanwhile, steven colbert told us to stop talking about 2016. >> do you think it's too early to talk about 2016? we don't think so. >> okay, fine, we'll go back to 2012. why do some folks want to go back to the 1860s? >> this is a petition asking the government to what alabama succeed from the union. >> that's right from alabama, alaska, ohio and oklahoma, some citizens want to breakaway, yes, secede from the united states. >> who is going to pay for the post offices? >> good question. >> i think it's ridiculous, honestly. i really do. i think it's really dumb. >> actually not ridiculous. like we're living in the far side or twilight zone. who knowess. >> th
nancy pelosi is keeping her job. >> i made a decision to submit my name to, once again, serve as the house democratic leader. >> now, if she can only get those talking points straight. >> we did not have majority, but we had the gavel. excuse me, we don't have the gavel. >> somebody who seems to have the gop gavel, louisiana governor bobby jindal, the likely 2016 contender told republicans this week "stop being the stupid party." meanwhile, steven colbert told...
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pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line on increasing taxes? >> well, gee... i know that we had the biggest conservative wave election in american history 2 years ago. two years later, we had a continuing resolution, a continuing resolution, a continuing resolution, debt ceil being increase. we -- ceiling increase. we ended up cutting nothing, really. we really-- >>> you are saying no. >> two years of leverage for nothing. it's time to use the leverage of the house. it's one-half of one-third, but the most important half of the legislative body. the founders intended for congress to have the purrs strings and to use
pelosi, the 2008 free bailout, free stimulus budget and spent $2.5 trillion. nobody complained it didn't spend enough. if we adopted their budget right now, the 2008 budget, $1 trillion per year less than we are spenning right now. >> sean: we spend all of this time with an election and we are right back where we were. i don't know the republicans that voted for an increase -- here's my question to you. here's my question. do you think the leadership in the house is glg to hold the line...
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Nov 17, 2012
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. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. >> the real problem? let me tell you something, senator. the real problem is two unfunded wars from the bush years, the bush tax cuts, and the give away to big pharma in the bush prescription drug program. senator mcconnell, it seems to me like he's up to something here. he knows how far senator bernie sanders and other democrats are going to defend the big three. social
. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the...
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. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the part of my members that we fully understand that you can't save the country until you have entitlement programs that fit the demographics of the changing america in the coming years. we're prepared to put revenue on the table, provided we fix the real problem. >> the real problem? let me tell you something, senator. the real problem is two unfunded wars from the bush years, the bush tax cuts, and the give away to big pharma. senator mcconnell, it seems to me like he's up to something here. he knows how far senator bernie sanders and other democrats are going to defend the big three. senator mcconnell is hoping to get the democr
. >> senate majority leader harry reid and democratic leader nancy pelosi sounded equally positive. >> we have the cornerstones of being able to work something out. we'll both have to give up some of the things that we know are a problem. >> we understand that it has to be about cuts, it has to be about revenue, it has to be about growth. >> then came senate minority leader mitch mcconnell. so we might have a fly in the ointment. here it is. >> i can say on the...